undersea cables was sparked earlier by the ZH article on the Moroccan solar farm for the UK being cancelled. The maps showed the cable going close to the Spanish and French shores rather than straight across the Bay of Biscay. The reason I found was that dangling a cable in three miles of water makes it too heavy. Bearing in mind it has to pay out at an angle you might have four or five miles of cable, many many tons, just hanging off the back of the boat and it would snap. They can lay aluminium cored lines deeper than copper ones for that reason.

Like I thought we probably would this am. We’re up about 2/3% in the early going. The dollar is down a little after the weak bounce Friday, rates down a couple bips. Hard to say if it will continue this way. Looks like the dollar wants to move up in the last hour or so.

Oil and Bitcoin flat. SM roaring ahead. Hard to imagine what that will look like when the Fed finally cuts. Probably a monster rally.

PM shares are steady.

I thought we’d be looking at a big dump last night. Glad we’re not, but there’s always time for that.🤔

The ‘Big Blow’
https://www.railpictures.net/photo/882567/

That one in Iceland in 73 looked really bad and did swallow up homes but got the cattle out but then sadly no plans to where it could go had to put them down. I don’t know exactly what they did. I wonder if they could blow a path and down from the top of the volcano making a part lower where the overflow can follow down since it doesn’t blow up.

I wondered if custom and Pele had something to do with it. Other than they cannot control her lol If they know there is a path the lava goes guess just don’t build anything there. You know a lot more about them than me and never had a geology or any other kinda class on earth other than going to the beach with a few of them once and was interesting. I also won the bet as it was a northern Calf point Reyes beach with great white warnings no surfing and cold  that it’s not gonna stop the surfers they’ll be there. And they were in their set suits. I saw a part of the land where it was moved and crossed in another direction over another peace of land. The epicenter of the early 1900 San Francisco quake.

I’m so clueless about it I don’t know what happens beneath where it comes from if it will leave a empty space someday or if thats just part of the missing space in my brain or if the core will cool at some point over it.

Past attempts to divert lava flows have been spectacularly unsuccessful.  Army tried bombing a flow of Mauna Loa approaching Hilo, with no effect.   There’s just too much, too viscous, too hot.  Damming it up with rock pile walls is only a small diversion.  Lava flows around the wall and engulfs it anyway.  At this point the government will not allow any attempts to divert lava flows because they have been proven pointless.

Understand that the entire southern half of the Big Island is composed of lava rock from Mauna Loa.  So yes, there are quarries that bust up the rock for gravel road building.  Large boulders used for seawalls, etc.  The entire terrain here is like broken or poured concrete!

The northern half of the island around Mauna Kea is much older decomposed lava that forms good red soil for farmlands.  Where you do find rocky materials from Mauna Kea, they are soft and crumbly, eons old and decomposed.

As for energy, yes!  There are geothermal wells in the east rift zone just five miles from my home where the wells have tapped into old lava pockets that are still molten hot.  They tap the high pressure hydrogen sulfide gas bubble and circulate the heat to turbines before re-injecting it back into the well.  20-25% of the electricity for this island is generated at the geothermal plant.

Hawaiian Electric once had dreams of exporting our geothermal to the neighbor islands, but inventing high voltage cables that would withstand the deep ocean pressure between here and Maui is a problem that has not been solved yet.

Might be signing out soon but does Hawaii make use of the lava. Like roads buildings, gardens, energy, glass? That bad one that destroyed those homes although in a bad area, have they used technology to divert the flow away from populated areas?

In Iceland they used diversion like digging paths and barriers and sea water also to slow the flow for time to dig diversion paths. One actually made the bay better because the new land blocked the wind.

Sunday noon Hawaiian time, and nobody is here.  But if you are quick, you can catch a live eruption of Kilauea Volcano spewing 1,500 ft fountains of lava.  Sometimes these eruptions only last a matter of hours, sometimes for a day or so.  Good luck!

The Chicago Loop. Most complex track work anywhere.
https://www.railpictures.net/photo/882501/

Putin: ‘Theft’ Of $300BN in Frozen Assets A ‘Price Worth Paying’ To Break West’s Grip On Global Finance

https://www.zerohedge.com/geopolitical/putin-theft-300bn-frozen-assets-price-worth-paying-break-wests-grip-global-finance

re long unwind level….I call that article as BS……this is a monthly chart of Gold….yes it is well over bought….but on a monthly basis it has barely stopped going up……I can’t imagine that any system that CTA’s use can get them out and more importantly back in….. at this point….it would be pure luck, calling this a top.

and then if we look at a Candle chart, there is no top, as yet…yes we are in a 5th wave but that wave is clearly extending, as the waves within the 5th, cannot be counted as 5 waves of similar amplitude….the hesitations are getting shorter and shorter in terms of time.

I would label this current hesitation, as a potential 4th wave dn of a 3rd wave up, in a 5th…so a 5th up of 5 up is still to come.

But good to see people trying to call an end…tks

as for the scum….they are still around……messing with us…..cheers

Maya emergency money. I only had one at the time because I had no idea to how to get them back then and didn’t remember ever seeing coin shops around although I managed to get myself a coin book at 14 and looked up my coin. One reason there good for emergency money is they’re harder to pry from your hands. At that time they were also dated at a what seemed ancient American interesting times. I thought of them as something you collect and could make you Rich someday other than my generous nature I had to learn to control. Most the time I earned money was to get something for someone or myself instead of asking. If there was a coin shop around I would of been in comparison as a woman in a shoe department except If be buying any coins I could get. Unfortunately I didn’t look at the current silver pre 64s all over back then as old coins and seemed common or know enough of their silver value in the future and they’re not making them anymore just like those old coins. I wonder how many of us kicked themselves for that later.  It helps to remember too you could still but things with a dollar. Also what was different and wondered if they’ll have value. I started babysitting  at about 10 starting out with neighbors just wanting to get away for a hour or so at that age and close to home. At 14 in Wisconsin I had different clients by word of mouth and my Jewish client a well off in something don’t know what I never asked thought if it was impolite of a child to ask a adult  and un constitutional like what are you a cop thing and not a Karen type. Well the neighbor pretty close by also a bit old fashion was walking me home since it was close instead of driving and I thought I could out run anyone so wasn’t needed. Of course I was naive but didn’t know it then. He gave me a 2 dollar bill. But was teaching me about money and con artist at the same time. I never seen one before. He asked me if I had change and a few other funny things but was more confused then not knowing they existed. The Jews there no way represented Netanyaho or settlers driving out indigenous, absolutely no comparison. Not any more than of Biden was president having people think you voted for him.  Nada That and not to mention what are they being criticized by, purple haired rings in noses, drug addicts,  anti American and clueless economics, housing projects on the dole,  the quick to judge gullible karens,   radical Muslims or insane teachers who would allow shaira law to be taken over thinking it would never happen and don’t know what bathroom to go to.  Talking about considering the source. I don’t remember when but I wound up spending that 2 dollar bill on something.

Buygold to think of all the silver we could of collected at the bank in rolls of dimes quarters and so forth or in our change everyday back then. Those Morgan’s and Peace dollars also looked like the times back then. I had a key date peace dollar too somehow got lost in a move. Later at a coin shop looking around I saw one around 2008-9 just like it selling for 200. Good that you both collected a bit of them. I’m kind of wondering where these dealers all of them and had so many. Where they keeping them for years or what? Glad you got yours earlier. Still reasonable price in some places at today’s spot prices.

CTAs are getting very close to the long unwind trigger level…

Inferring that if the CTA’s know what their “long unwind trigger level” is, the scum certainly know what that trigger point is as well.

Partnof the games they play. It’s been a very long wash, rinse, repeat cycle. What will it take to break that cycle????

Gold’s Trend Snaps – Cheap Options and Looming CTA Liquidation

Suspended solids accumulate in boiler water . Releasing some of the boiler water at the bottom , already at boiling temperature will immediately flash to a cloud of steam and then fine condensate , to reduce the concentration of potentially corrosive contaminants . Steam locomotives are open loop systems , requiring frequent makeup water which carries contaminants . Even closed loop steam plants utilizing high purity makeup water leak a little steam from valve stem packings , etc. , so plant operators will occasionally blow down the system to get rid of suspended solids .
Steam from high pressure portions of generating stations is actually invisible until cooled to condensate by the cooler air , and I was once told , can cut through flesh at very high escape velocities , not to mention scalding .
Home water heaters , too , even though just in continuous liquid phase should occasionally be partially drained from the bottom to avoid buildup of insulating solids on heat transfer surfaces .

I started buying them shortly after I bought silver for the first time. I’d buy them on EBay and at auctions. The cheapest I could get them back then was about $10 ea. maybe up to five condition some better but mostly 1921’s or common dates. I bought some UNC rolls of 20 for $500 – more commons though. Over the years I bought some CC’s and better dates. I’ve since bought different lot sizes of 20-30 circulated Morgan’s and some Peace dollars too. They seem to hold their value pretty well.

Just like gold, there’s a good feeling of the weight of the coins in your hand.

That’s the nice thing about stacking and saving.  There’s always emergency funds available when you really need it.  My hip replacement cost me a gold buffalo, but was no sweat for my normal fixed income stream.  For decades I gave my nephews and nieces a yearly silver eagle for Christmas.  That discontinued after I retired.  But a few years back one nephew had bought a house and funds were tight.  Then he discovered he had a yard to care for! lol  He sent me a note thanking me again for the collection of silver eagles I had sent over the years.  He cashed them in to pay for the needed lawn equipment he never thought about.  So the eagles were put to good use for needed capital equipment.

That is great, you still have that Morgan. I wound up spending my first 1920s silver coin I got around age 10 but when I was almost 15 and  was aware of it’s value but needed the money for my little brother. It taught me though about emergency money that while saving that silver dollar was growing in value and the paper dollar things were getting more expensive loosing value but most all my birthday and Christmas money was saved but spent  any other money earned as a teen as expenditures lol

Steam Cleaning
https://www.railpictures.net/photo/882502/

In 1964 I was 12 years old with a paper route.  I was already a coin collector, encouraged by my dad.  I remember LBJ announcing they were taking the silver out of coinage because “it was too valuable to use for money”.  Even at that young age I thought… WTF??  and began aggressively collecting real silver coins.  One of my paper route customers gave me a Christmas present of a Morgan dollar when I came to collect their bill.  I was overjoyed, and she was pleased that I knew what it was!  I still have it at the head of my collection.

Very bullish on the PMs going into next year and beyond.

Morgan’s yes their getting more attention now and probably will for awhile. A long time ago I picked up two only slightly circulated Key Date Morgan’s. I think some of us have a stronger link to the past then others. Not just for trading and some who get it through some one else I saw on eBay just piss it away and sell it right away. Back then as I don’t buy much of anything from them except some mercury dimes with free shipping I used to talk to people in France as you could choose countries. I’m glad that was in better times. If you ever do I’ll warn you so you don’t have to go through what I went through to get a gold coin I think it was a rooster. Hard to remember now. They think the US is just one big state. They only put in a partial address not the state hard to remember now what else was missing like the city but just put the United States. So it got send back. So now we had both sides not sure how to write a address so explained best my memory of French la ville and there are different states in the United States the mail has to know which one  etc so they could understand what I was going to write next and just write it out like this. Next time they sent it I got it. I got one from Australia too. These days I don’t know if I’d trust it anymore. If there really from there or not either.

Now this is coming out about how taxpayers are paying for the so called riots, explains another of lifes conundrums…..Before it was assumed that Soros and others similar lunatics were funding, most of the lefts organisations…which meant he had to keep making vast sums, year after year…..Now even the best have a hard time doing that , especially if their outgoings were on his supposed scale ….Yet he himself was never known as that good a trader, he got lucky with Jimmy Rogers, who made him a fortune and quit…long, long ago…later he found Druckenmiller, who again was very good……but then he too left….and from what Musk has said, Soros has been suffering from dementia, for a good few years…so no smart trading from him……

So these new findings that all he and his cohorts do is provide seed capital, ie set up an NGO, give it a few million and then wait for the likes of USAID, to fund the rest…..makes for more sense…..and boy is there a story/book/film to tell about how taxpayers were ripped for maybe Trillions, in order to have their lives turned upside….

There is plenty of evidence that taxpayer dollars are funding the anti-ICE riots in Los Angeles and elsewhere.  Here’s how that happens: domestic agitators set up “non-profits” and other kinds of “non-governmental organizations” with deceptively innocuous names.  They apply for monetary grants from state and federal agencies.  Government agencies use their discretion to award outside groups.  These groups then pay rioters to cause mayhem on the streets.  Voila!  Government-funded pop-up revolutions are ready to go!

Americans Should Not Have To Subsidize Their Own Mistreatment

Feels a lot like the old days.

Agreed…the non stop rise of the SM while all PM’s get belted, does look very familiar.

This is why CBDC’s will fail … 42 months until failure (as per Book of Revelation) is already counting …

Underground Economy EXPLODING — China’s Shadow Markets Now Bigger Than Official GDP – YouTube

Fight the bastards